SECURITIES Investors Association of Singapore (SIAS) founder and CEO David Gerald said SIAS is "seriously concerned that there is no finality yet on Utico’s offer" for Hyflux.

THE advisers of both Hyflux and Utico have held talks on Thursday night and, if required, might have further discussions on Friday afternoon, Hyflux lawyer Manoj Pillay Sandrasegara told The...

UNITED Arab Emirates utility firm Utico announced on Thursday that it has agreed in principle with Hyflux to cap all adviser fees at S$40 million.

UNITED Arab Emirates utility firm Utico on Thursday announced that it had agreed in principle with Hyflux to cap all advisers fees at S$40 million.

MIDDLE-Eastern full-service utility provider Utico is looking to enter Singapore with an upcoming project development, operations and marketing office in the city-state.

MIDDLE Eastern full-service utility provider Utico is looking to enter Singapore with an upcoming project development, operations and marketing office in the city-state.

HYFLUX RESTRUCTURING

MIDDLE Eastern utility company Utico has regularly declared that it is locked, loaded and ready to go to the rescue of Hyflux, but court testimony on Monday suggested that the outcome may not be...

THE High Court on Monday granted Hyflux a two-month extension on its debt moratorium until Dec 2, after most of its creditors either took no position or showed support for the move, with the...

THE Securities Investors Association (Singapore) or Sias clarified on Sunday in a statement that it does not, in fact, support the Hyflux restructuring agreement by potential white knight Utico at...